Mattel (NASDAQ:MAT) Releases FY 2026 Earnings Guidance

Mattel (NASDAQ:MAT) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.050-1.200 for the period, compared to the consensus EPS estimate of 1.300. The company issued revenue guidance of $5.4 billion-$5.6 billion, compared to the consensus revenue estimate of $5.7 billion.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Argus reiterated a “buy” rating and set a $22.00 price target on shares of Mattel in a report on Tuesday, August 25th. Odeon Capital Group began coverage on shares of Mattel in a report on Thursday, July 16th. They issued a “buy” rating for the company. Bank of America reiterated a “buy” rating on shares of Mattel in a research note on Friday. Roth Capital lowered their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Finally, Seaport Research Partners upgraded Mattel from a “neutral” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $18.00.

Mattel Price Performance

Shares of MAT traded up $0.72 during mid-day trading on Friday, reaching $15.69. 4,302,363 shares of the company’s stock were exchanged, compared to its average volume of 5,180,598. The company has a quick ratio of 1.26, a current ratio of 1.90 and a debt-to-equity ratio of 1.17. Mattel has a 52-week low of $12.40 and a 52-week high of $22.48. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 1.65 and a beta of 0.59. The company has a 50-day simple moving average of $15.01 and a two-hundred day simple moving average of $15.41.

Mattel (NASDAQ:MAT) last announced its earnings results on Thursday, November 5th. The company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.36. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. Mattel had a net margin of 7.79% and a return on equity of 16.20%. Mattel’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.89 earnings per share. On average, sell-side analysts predict that Mattel will post 1.30 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Roberto Isaias sold 39,083 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $15.02, for a total value of $587,026.66. Following the completion of the sale, the executive vice president directly owned 144,390 shares in the company, valued at approximately $2,168,737.80. This represents a 21.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is currently owned by company insiders.

Mattel News Summary

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Third-quarter EPS was $1.30, beating the $0.94 consensus and up from $0.89 a year earlier. However, reports noted that tariff refunds helped support margins. Mattel beats Q3 earnings estimates
• Positive Sentiment: Hot Wheels gross billings are nearing $2 billion, highlighting strength in a key brand, while Mattel expects full-year net sales growth of 1% to 4%. Mattel: 3 key takeaways for long-term investors
• Neutral Sentiment: Mattel named Steve Totzke president and COO, effective Nov. 11. Roberto Stanichi is stepping down to pursue another opportunity and is reportedly joining Netflix to lead consumer products and experiences. Mattel leadership announcement
• Negative Sentiment: Mattel cut its 2026 EPS guidance to $1.05–$1.20, below the $1.30 consensus, and revenue guidance to $5.4–$5.6 billion, below the $5.7 billion estimate. It also lowered its sales-growth outlook after Q3 revenue of $1.81 billion missed the $1.84 billion consensus, despite rising 4.1% year over year. Mattel cuts annual forecasts as new CEO takes charge

Mattel Company Profile

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.